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With Brexit imminent, HS Codes are soon going to be needed even when shipping to EU countries. This means some businesses which only export to EU customers are dealing with them for the first time, but don’t worry – they’re simple enough for Cloud Commerce Pro customers to handle. In fact, it’s a four-step process.…
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Order fulfilment takes in all steps from receiving an order to the order arriving at the customer’s specified address. When you’re trying to improve your POP (Perfect Order Percentage), after you’ve gone through our basic recommendations, it’s worth breaking down your order fulfilment process into each step. Be as thorough and precise as possible. Your…
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One half of an eCommerce company’s business is making sales. The other half is fulfilling them – and you can’t make a profit until fulfilment is finished. Any techniques or tools that will help you improve order fulfilment are worth their weight in gold – at least over the long term. A key way to…
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When selling physical inventory online (or by mail order, for those businesses still making that work), we tend to focus on the problems that take place inside the business itself. We should absolutely be fixing those problems – but there’s another question we don’t ask ourselves enough. “How Can I Improve my Shipping Process?” When…
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Order management is the lifeblood of eCommerce businesses. If you can’t process orders accurately, you can’t make money. If you can’t do it efficiently, you can’t turn a profit. As your company grows, you’ll process more and more orders. The more you handle, the more likely it is that some of them will have problems.…
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It’s often compared to a balancing act. Any good stock management system has to satisfy several competing demands – matching costs against revenue to ultimately produce a profit. Essentials of Stock Management Systems You can break stock management into three categories of factors. How well you can balance all three determines your potential profits from…
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What’s the Best Way to Manage Retail Stock? It can be hard to decide on the best way to manage retail stock for your business. One of the most common mistakes for a new retailer is to attempt to copy the system from any business the manager had worked at before. Usually, what made that…
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Your business is all but guaranteed to end up with excess inventory at some point. The only exceptions are purely digital companies and those that only drop-ship. And even they may overstock on items used internally! Why Do You Have Excess Stock? Obviously, excess stock isn’t something you set out to have. You want enough…
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What is the Purpose of Stock Control? If your business deals with physical products, you need stock to be able to sell. The purpose of stock control is to make sure you always have enough stock for your customers, while limiting the amount spent on storing and buying in stock. On that level, stock control…
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Stock control is a term for any and all procedures involved in monitoring and managing the amount of stock in your business at any given time. For almost all businesses which use stock, stock is their single largest investment. This makes efficient stock control vital to your company’s success. Developing your stock control procedures involves…
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What Must the Best Inventory Management Software Have? Booking in stock. Receiving orders. Creating pick lists. Picking stock. Packing orders. Handling returns. Marking down damaged or out of date items. Raising purchase orders. These actions are at the core of warehouse operations. They form a key part of inventory management. But is that all you…
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Why is Inventory Management Important? Inventory management oversees several processes from raw material to finished goods at the point of sale. Depending on their role in the supply chain, specific businesses may only carry out inventory management for parts of this process. Good inventory management allows companies to tie up less money in stock while…
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